Originally Published June/July 2000

Ralph W. Carmichael

The baby boomers are aging. The population is growing. People are living longer and maintaining active lifestyles as they age. Emerging world markets are improving their medical infrastructures. All of these factors are driving demand for medical products worldwide.

The increase in demand for medical products should attract capital to medical device ventures. Or so says intuition. Unfortunately, capital investment in new medical device companies has declined dramatically over the past decade.